Western Alliance Bancorporation(WAL) Stock Research - Grey Stern Research

Western Alliance Bancorporation (WAL) Stock Analysis

$92.77 (-0.45%)

WAL Financial Performance


Use the table below to view Western Alliance Bancorporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $92.77 -
52 Week Low $53.22 -
52 Week High $98.10 -
Market Cap $10.2 Billion 8/11
Gross Margin 100% 1/11
Profit Margin 15% 9/11
EBITDA margin 20% 9/11
Q2 - 2024 Revenue $1.3 Billion 8/11
Q2 - 2024 Earnings $199.8 Million 8/11
Q2 - 2024 Free Cash Flow $0 Million 4/11
Trailing 4 Quarters Revenue $4.8 Billion 9/11
Trailing 4 Quarters Earnings $718.7 Million 6/11
Quarterly Earnings Growth -8% 7/11
Annual Earnings Growth -17% 5/11
Quarterly Revenue Growth 123% 1/11
Annual Revenue Growth 112% 2/11
Cash On Hand $0 7/11
Short Term Debt $0 9/11
Long Term Debt $3.9 Billion 9/11

Western Alliance Bancorporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Western Alliance Bancorporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 14.21 5/11
PS 2.14 6/11
PB 1.53 1/11
PC -1.00 7/11
Liabilities to Equity 10.99 3/11
ROA 0.01 1/11
ROE 0.11 1/11
Current Ratio 1.09 8/11
Quick Ratio 0.00 7/11
Long Term Debt to Equity 0.58 7/11
Debt to Equity 0.58 8/11
Burn Rate 0.00 7/11
Cash to Cap 0.00 7/11
CCR 5/11
EV to EBITDA 55.95 4/11
EV to Revenue 2.96 7/11

Company Details

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

CEO: Mr. Kenneth Vecchione

Website: https://www.westernalliancebancorporation.com

Address: 1 E Washington St Phoenix, ARIZONA

Exchange: New York Stock Exchange

Industry: Banks—Regional

Western Alliance Bancorporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Western Alliance Bancorporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
KeyCorp KEY $18.6 Billion
Regions Financial Corporation RF $23.9 Billion
Fifth Third Bancorp FITB $31.5 Billion
U.S. Bancorp USB $81.3 Billion
Huntington Bancshares Incorporated HBAN $25.6 Billion
Zions Bancorporation, National Association ZION $8.8 Billion
First Horizon Corporation FHN $10.9 Billion
Comerica Incorporated CMA $9.3 Billion
PacWest Bancorp PACW $904.5 Million
Truist Financial Corporation TFC $61.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
WAL Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 1.3 Billion $199.8 Million
Q2 2024 $ 1.2 Billion $193.6 Million
Q1 2024 $ 1.1 Billion $177.4 Million
Q4 2023 $ 1.1 Billion $147.9 Million
Q3 2023 $ 578.3 Million $216.6 Million
Q2 2023 $ 557.5 Million $215.7 Million
Q1 2023 $ 446.8 Million $142.2 Million
Q4 2022 $ 600.1 Million $293.0 Million

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WAL Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $0 $80.1 Billion $3.9 Billion $6.7 Billion
Q2 2024 $4.1 Billion $80.6 Billion $6.6 Billion $6.3 Billion
Q1 2024 $3.6 Billion $77.0 Billion $7.3 Billion $6.2 Billion
Q4 2023 $1.6 Billion $70.9 Billion $8.3 Billion $6.1 Billion
Q3 2023 $3.5 Billion $70.9 Billion $9.8 Billion $5.7 Billion
Q2 2023 $2.2 Billion $68.2 Billion $10.6 Billion $5.7 Billion
Q1 2023 $3.6 Billion $71.0 Billion $29.8 Billion $5.5 Billion
Q4 2022 $1.0 Billion $67.7 Billion $7.4 Billion $5.4 Billion

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WAL Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 -$134.6 Million -$16.2 Million $527.6 Million
Q1 2024 $226.4 Million -$18.8 Million $2.0 Billion
Q4 2023 $0 $0 $0
Q3 2023 -$595.9 Million -$26.2 Million $1.3 Billion
Q2 2023 -$489.7 Million -$32.3 Million -$1.5 Billion
Q1 2023 $328.8 Million -$28.5 Million $2.6 Billion
Q4 2022 $737.6 Million -$56.8 Million -$566.1 Million
Q3 2022 $490.9 Million $0 -$276.3 Million

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